14 Jun 24
 14 Jun 24
 14 Jun 24

EddieJayonCrypto

 24 May 24

tl;dr

VanEck celebrated the approval of its spot Ether exchange-traded fund (ETF) with a 37-second advertisement urging viewers to "Enter the ether." The ad, posted on social media, came after the SEC approved its 19b-4 filing for the ETF. The approval places VanEck alongside major asset managers like Bla...

VanEck, following the SEC's approval of its spot Ether ETF, released a 37-second advertisement prompting positive reactions and discussions about Ethereum's potential impact on the economy.

The ad, "Enter the ether," posted on social media, accompanied the 19b-4 filing approval. VanEck joins major asset managers like BlackRock, Fidelity, and Grayscale in promoting Ethereum-related products. The ad received over 1,000 reposts and 170,000 views, sparking positive reactions and playful interpretations.

The approval solidifies Ethereum's commodity status. While VanEck actively promotes its Ethereum-related products, other asset managers have remained relatively quiet. Some experts raised concerns, emphasizing Ethereum's decentralized nature as a key factor in its classification as a commodity.

The SEC's approval places VanEck alongside major asset managers like BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise. However, trading will commence only after the SEC greenlights each ETF’s S-1 filing, a process that could take several months.

Vaneck’s advertisement asks if Ethereum could fuel a less centralized and open-source economy, resonating with audiences and amassing over 1,000 reposts and 170,000 views. The online community's response has been largely positive, with some expressing playful interpretations.

While VanEck has actively promoted its Ethereum Strategy ETF (EFUT), other asset managers who received 19b-4 approvals have remained quiet. Grayscale and Bitwise are among the few that have acknowledged their approvals in social media posts. Some industry experts have raised concerns about the approval of Ethereum ETFs, emphasizing Ethereum’s decentralized nature as a key factor in its classification as a commodity.

More about Interlink Electronics Inc
Interlink Electronics Inc Summary

Interlink Electronics Inc Summary

Interlink Electronics, Inc. designs, develops, manufactures, and sells force sensing technologies that incorporate proprietary material technology, firmware, and software into standard sensor-based products and custom sensor system solutions. The company is headquartered in Irvine, California.

Sector: Technology

Industry: Computer Peripheral Equipment

Symbol: NEC

Market Cap: 47,369,200

Dividend Yield: None

P/E Ratio: -0.14

EPS: 1.396

Profit Margin: -0.0677

Volume: 13,786,000

52-Week High: 21.01

Performance (YTD): -0.047

More about GameStop Corp
GameStop Corp Summary

GameStop Corp Summary

Company: GameStop Corp

Headquarters: Grapevine, Texas

Sector: Trade & Services

Industry: Retail-Computer & Computer Software Stores

Market Cap: 6.219608 billion

Price/Earnings (P/E) Ratio: 1015.66

Dividend Yield: None

EPS: 0.02

ROI: 17.28

Beta: 0.0013

Volume: 5.2728 billion

Revenue: 6.38

Net Income Margin: 0.259

Debt/Equity: -0.194

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